That trend, documented by Federal Reserve research, represents something of a shift from the pre-pandemic period. And it suggests that consumer spending, the primary driver of the U.S. economy, could ...
Similarly, the Institute of Grocery Distribution said its most recent survey found 41% of shoppers who earn below 21,000 pounds plan to cut grocery spend in the next few months, and more than half ...
President Trump’s threats to impose 25 percent tariffs on products from Mexico could lead Mexico to build ports to bring in farm products from Brazil and Argentina, Michael Swanson, the ...
They explained that middle-class households — those with an annual income that is two-thirds to double the U.S. median household income — had incomes ranging from about $56,600 to $169,800 in 2022.